Emerging Market IPOs On Course For A Blockbuster Year

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Companies from emerging markets have completed IPOs raising a total of US$41.4 billion during the first three quarters this year, up 155% from US$16.2 billion for the entire year of 2013, making 2014 set for a blockbuster year in emerging market IPOs, according to data released by global law firm Baker & McKenzie.

Bolstered by the US$25 billion IPO of Chinese e-commerce giant Alibaba Group Holdings Limited, capital raised by emerging market companies across borders has already surpassed any year after 2007.

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